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Management accounting information can be used for all of the following except:Question 12Select one:a.evaluate the national minimum wage rate.b.project materials needs.c.evaluate the performance of a company.d.calculate the cost of a product or service.

Question

Management accounting information can be used for all of the following except:Question 12Select one:a.evaluate the national minimum wage rate.b.project materials needs.c.evaluate the performance of a company.d.calculate the cost of a product or service.

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Solution

The correct answer is a. Management accounting information cannot be used to evaluate the national minimum wage rate. This is because management accounting focuses on providing information within the company to aid in management decision-making. It does not deal with broader economic issues such as the national minimum wage rate.

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